Varalakshmi v. Axis Bank
Case brief
What is this about?
The Appellate Tribunal dismissed the debt recovery appeal as rejected, holding that the appellant failed to comply with a conditional waiver order by not making the required pre-deposit.
What did the court decide?
The waiver application and the appeal were dismissed/rejected due to non-compliance with the pre-deposit requirement.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 23rd day of July, 2026
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 331 of 2026 (Waiver) in AIR (SA) 237/2026
(arising out of IA 4076 of 2025 in SA No. 826 of 2025 on the file of DRT, Madurai)
Between
Mrs. S. Varalakshmi, W/o late Mr. Surulivel, No. 186, South New Street, Thenkarai, Periyakulam, Theni District – 625 601
….. Appellant
And The Authorized Officer, Axis Bank, 2nd Floor, Door No. 31, Old No. 14, South Mada Street, Mylapore, Chennai – 600 004
….. Respondent
Counsel for Appellant: M/s. R. Saravanan Counsel for Respondent: None
Issues for consideration
1 issue framed by the court
Whether the appeal should be allowed when the waiver application is not complied with regarding the pre- deposit requirement?
Parties & counsel
- appellant
Mrs. S. Varalakshmi
- respondent
The Authorized Officer, Axis Bank
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 331090002372026
- Topic
- Banking and Recovery
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